Is the fact that my conveyancer in Gloucestershire is not identified on my bank's solicitor panel that there is a problem with the quality of his conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Gloucestershire conveyancing firm and ask them why they are no longer on the approved list for your bank.
My partner and I intend to remortgage our flat in Gloucestershire with UBS. We have a son 19 who lives with us. Our solicitor has asked us to disclose any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the apartment is repossessed. I have a couple of questions (1) Is this form unique to the UBS conveyancing panel as he did not need to sign this form when we bought 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your UBS conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to UBS. This is solely used to protect UBS if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of UBS had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Are there restrictive covenants that are commonly identified as part of conveyancing in Gloucestershire?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Gloucestershire. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Hoping to buy a property located in Gloucestershire and I am already nervous. I couldn't find anything specific about Gloucestershire. Conveyancing will be needed in due course but do you know about the Gloucestershire area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Gloucestershire. In the meantime here are some basic statistics that we found
I previously informed by my lender that their approved solicitors operate no completion no fee basis for conveyancing in Gloucestershire. My purchase aborted and now the solicitors have requested search fees! They say the fees are independent!
By offering "no move no fee" Gloucestershire conveyancing firms are writing off their fees for any work conducted. We should point out that this does not constitute an insurance scheme. Disbursements aren’t covered – where the lawyer have to pay money out to other people, for example Gloucestershire local search fees